CSX Corp. revenue for the fourth quarter decreased 2 percent from the prior year to $2.83 billion. Officials noted its intermodal growth was more than offset by lower fuel surcharge revenue and coal declines.
CSX earned a place on the Dow Jones Sustainability Index (DJSI) North America for the 10th consecutive year and was the only U.S. railroad to make the rankings.
The nation’s railroads have made significant strides implementing Positive Train Control (PTC), a former Federal Railroad Administration (FRA) administrator says.
The state of Georgia today opened the Appalachian Regional Port (ARP), an inland port located in Murray County in Northwest Georgia that directly connects with the Port of Savannah.